CF INDUSTRIES HLD. - Daily - Technical analysis published on 03/14/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 77.00 USD
My targets
85.56 USD (+2.43%)
90.02 USD (+7.77%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CF INDUSTRIES HLD. as long as the price remains well above 77.00 USD. The buyers' bullish objective is set at 85.56 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 90.02 USD. If there is any crossing, the next objective would be the resistance located at 105.80 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7
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This analysis was given by PawelBodytko. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CF INDUSTRIES HLD. rating is 83.53 USD. The price registered a decrease of -1.36% on the session with the lowest point at 83.47 USD and the highest point at 84.93 USD. The deviation from the price is +0.07% for the low point and -1.65% for the high point.83.47
84.93
83.53
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of CF INDUSTRIES HLD. indicates that the overall trend is strongly bullish. 82.14% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 72.74 | 77.00 | 82.53 | 83.53 | 85.56 | 105.80 | 114.72 |
| Change (%) | -12.92% | -7.82% | -1.20% | - | +2.43% | +26.66% | +37.34% |
| Change | -10.79 | -6.53 | -1.00 | - | +2.03 | +22.27 | +31.19 |
| Level | Major | Minor | Major | - | Major | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 82.40 | 83.51 | 84.10 | 85.21 | 85.80 | 86.91 | 87.50 |
| Camarilla | 84.21 | 84.37 | 84.52 | 84.68 | 84.84 | 84.99 | 85.15 |
| Woodie | 82.13 | 83.38 | 83.83 | 85.08 | 85.53 | 86.78 | 87.23 |
| Fibonacci | 83.51 | 84.16 | 84.56 | 85.21 | 85.86 | 86.26 | 86.91 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 74.31 | 76.83 | 80.58 | 83.10 | 86.85 | 89.37 | 93.12 |
| Camarilla | 82.62 | 83.19 | 83.77 | 84.34 | 84.92 | 85.49 | 86.06 |
| Woodie | 74.94 | 77.14 | 81.21 | 83.41 | 87.48 | 89.68 | 93.75 |
| Fibonacci | 76.83 | 79.22 | 80.70 | 83.10 | 85.49 | 86.97 | 89.37 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 69.53 | 72.01 | 76.36 | 78.84 | 83.19 | 85.67 | 90.02 |
| Camarilla | 78.84 | 79.47 | 80.09 | 80.72 | 81.35 | 81.97 | 82.60 |
| Woodie | 70.48 | 72.48 | 77.31 | 79.31 | 84.14 | 86.14 | 90.97 |
| Fibonacci | 72.01 | 74.62 | 76.23 | 78.84 | 81.45 | 83.06 | 85.67 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 61.28 | |
| MACD (12,26,9): | 1.8700 | |
| Directional Movement: | 14.62 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 83.86 | |
| Parabolic SAR (0,02-0,02-0,2): | 81.87 | |
| Elder Ray (13): | 1.58 | |
| Super Trend (3,10): | 79.25 | |
| Zig ZAG (10): | 83.58 | |
| VORTEX (21): | 1.1300 | |
| Stochastique (14,3,5): | 78.47 | |
| TEMA (21): | 85.00 | |
| Williams %R (14): | -37.96 | |
| Chande Momentum Oscillator (20): | 3.78 | |
| Repulse (5,40,3): | -2.1900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2800 | |
| Courbe Coppock: | 12.65 |
| MA7: | 84.07 | |
| MA20: | 81.04 | |
| MA50: | 78.54 | |
| MA100: | 78.13 | |
| MAexp7: | 83.72 | |
| MAexp20: | 81.59 | |
| MAexp50: | 79.56 | |
| MAexp100: | 78.56 | |
| Price / MA7: | -0.64% | |
| Price / MA20: | +3.07% | |
| Price / MA50: | +6.35% | |
| Price / MA100: | +6.91% | |
| Price / MAexp7: | -0.23% | |
| Price / MAexp20: | +2.38% | |
| Price / MAexp50: | +4.99% | |
| Price / MAexp100: | +6.33% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
The last news published on CF INDUSTRIES HLD. at the time of the generation of this analysis was as follows:
- CF Industries Holdings, Inc. Reports First Half 2023 Net Earnings of $1.09 Billion, Adjusted EBITDA of $1.72 Billion
- CF Fertilisers UK Announces Proposal to Permanently Close Ammonia Plant at Billingham Complex
- CF Industries Announces Senior Executive Appointments
- CF Industries Holdings, Inc. Declares Quarterly Dividend and Confirms Dates for First Half and Second Quarter 2023 Results and Conference Call
- CF Industries Holdings, Inc. to Participate in Upcoming Investor Conference
This member declared not having a position on this financial instrument or a related financial instrument.
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